Google search data reveals that the customer appreciation gap is increasing at an alarming rate. And it also highlights that business owners have been focusing on employee appreciation in order to retain them for a long time. As per the results available from the search volume, it has come to notice that it is important for business owners to create a balance between employee appreciation and customer appreciation. It has also laid emphasis on reducing the customer appreciation gap in order to build a strong as well as the loyal connection between the business owners and customers.
After a deep analysis of the search volume data, it has been found that the term “employee appreciation” has 4,400 searches every month whereas “customer appreciation” carries a monthly search volume of 2,400. And the phrase “employee appreciation words” has 1600 searches every month whereas “customer appreciation words” merely settles at the number 40. Business owners and managers, in the US and Canada, are searching for ways for employee appreciation and neglecting customer appreciation.
This search pattern reflects the Customer Appreciation Gap on the part of many businesses. It has simply stressed on the need to give more emphasis to reduce the customer appreciation gap by offering customer appreciation gifts in order to build long-term loyalty with customers. The search results also highlight the misunderstanding of the importance of customer appreciation in creating high business value. In addition to this, it has been evident from the search results that customer appreciation plays a crucial role in forming a strong bond between employers and customers.
Emergency loans can be the Answer to the Financial Crunch During the COVID-19 Crisis
Everyone thought that 2020 was going to be their year, but that wasn’t the case. The COVID-19 Pandemic had different plans in store. Most of the countries have been under lockdown since the coronavirus crossed the borders and traveled across countries.
Schools, offices, courthouses, restaurants, parlors, and gyms are closed. Even though people are happy to spend time at home, it is started to affect them financially. The world economy doesn’t look so good and is crippled, to be honest. In this dire financial situation, people are worried about paying their bills.
Many have lost their jobs, and many haven’t received salaries. There have been salary cuts as well. People are struggling to make ends meet after being out of work for months. Nobody has any idea when the lockdown will ease, and things will go back to normal. Until then, everyone is to stay home and stay safe.
Under these circumstances, there are ways in which people can deal with the financial crisis. The state and the federal government are doing everything in their power to provide relief to anyone who is suffering from financial hardship due to the lockdown.
People who had been wise as to open an emergency fund can use that money to go through these tough times. One can also ask their bank or credit union whether they have borrowing options available.
Creditors also have provisions for customers during hardships. And some are even offering bad credit loans guaranteed approval to help in these times. They can temporarily reduce your interest rate or payment amount, or pause your payment. If this does not work out, then you can get a credit card with a 0% annual percentage rate so that you can avoid the unnecessary interest.
The last resort is taking emergency loans. You can always borrow money from family, but it can create an unnecessary rift. There are many lenders out there who can offer you with emergency loans, no matter how small or big.
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